“Can regulatory-first crypto infrastructure become the default rails European banks and fintechs use to embed digital assets?”
Founded 2014 as a straightforward Spanish crypto broker, Bit2Me methodically built a full-stack crypto suite (Wallet, Card, Earn, Loan, Pro, Commerce, Custody) while investing heavily in regulatory positioning. That bet paid off in July 2025 when it became the first Spanish fintech to secure MiCA authorisation from CNMV — followed by a PSD2 payment institution licence in 2026 and a CNMV tied-agent registration for the upcoming Bit2Me Invest (stocks/ETFs/funds). Backed by Telefónica (which uses Bit2Me to power TU Wallet), BBVA, Tether and Bankinter, the company is positioning itself as the regulated crypto Banking-as-a-Service provider for European banks and fintechs rather than just a retail exchange.
Bit2Me discloses Pecunpay as its banking provider, according to the Embedded Finance Index 2026.
Bit2Me does not disclose a bank charter of its own; its banking services are provided through Pecunpay.
Bit2Me processes payments through PayNoPain Solutions (Paylands).
Bit2Me's cards are issued through Pecunpay on the Mastercard, Visa and Maestro networks.
Bit2Me's lending and capital products are provided by Bit2Me Loan (in-house).
Bit2Me uses Pecunpay for FX and cross-border payouts.
Bit2Me's embedded insurance is provided by Ledger Enterprise (cold storage crypto insurance, up to $150M).
Bit2Me's crypto products run on Bit2Me (in-house issuance orchestration), Ledger Enterprise, Bit2Me Custody (in-house, self-operated HSM + MPC + multi-sig) and coinbase custody.
The Embedded Finance Index 2026 maps 11 layers in Bit2Me's stack: Payments / PSP (PayNoPain Solutions (Paylands)); Banking / BaaS (Pecunpay); Card issuing (Pecunpay); Card network (Mastercard, Visa and Maestro); Lending (Bit2Me Loan (in-house) and Bit2Me Loan (crypto-collateralised, up to €250K, up to 50% LTV, from 8.42% APR)); Insurance (Ledger Enterprise (cold storage crypto insurance, up to $150M)); Sponsor bank (Pecunpay); FX & payouts (Pecunpay); Crypto (Bit2Me (in-house issuance orchestration), Ledger Enterprise, Bit2Me Custody (in-house, self-operated HSM + MPC + multi-sig) and coinbase custody); Treasury (Banco Sabadell, Unicaja Banco, Banco Inversis and Abanca); Transaction enrichment (PayLead).
Bit2Me was founded by Leif Ferreira and Andrei Manuel and is founded in 2014, headquartered in Elche, Alicante, Spain.
Bit2Me has raised unknown in total (latest round: Later Stage VC, 2025; valuation: unknown).
Get a read on where your own stack stands against Bit2Me and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.